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Charts",{"request_context":23,"type":24,"id":1191,"faq_id":1191,"timestamp":1017,"cir_id":26},{"request_context":23,"type":24,"id":1093,"faq_id":1093,"timestamp":991,"cir_id":26},{"request_context":23,"type":24,"id":984,"faq_id":984,"timestamp":1196,"cir_id":26},1794515905432,{"request_context":23,"type":295,"id":628,"faq_id":628,"timestamp":309,"cir_id":26},"https:\u002F\u002Fwww.interactivebrokers.com\u002Fibot",{"@type":1200,"server_version":5,"session_id":1201,"id":1202,"question":1203,"answer":1204,"navigation":1205,"short_description":1214,"similars":1215,"feedback_context":1249},"FAQ_BROWSER_CONTENT","33fb4fbf-806e-4192-aec7-280f78571737","51679909","Are clients allowed to change cost basis information?","\u003Cp>IBKR is required to provide the IRS with cost basis detail on \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F28227515\">covered securities\u003C\u002Fa> transactions for U.S. persons via the year-end Form 1099.  U.S. persons, therefore, may not change the cost basis on a transaction executed by IBKR and may only change the cost basis on positions transacted elsewhere and transferred to IBKR under the following circumstances:\u003C\u002Fp>\u003Cul>\u003Cli>The transferor has provided cost basis information and has designated the security as non-covered; or,\u003C\u002Fli>\u003Cli>The transferor has not yet provided IBKR with cost basis information.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003Cstrong>Please Note\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>Brokers are not allowed to accept cost basis information from a U.S. person on a position that the transferor has classified as covered and cost basis information submitted by a U.S. person is subject to override if subsequently delivered by the transferor. In addition, in the event a U.S. person submits cost basis information for a given position, that position will be classified as non-covered regardless of the acquisition date submitted.  As non-U.S. persons are not subject to the cost basis reporting rules, they may change the cost basis for transferred without restriction but cannot change the cost basis for transactions executed at IBKR.\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\n\u003C\u002Fp>\u003Chr\u002F>\u003Cp>\u003Cstrong>Additional Information\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F28216784\">How do I update cost basis information for transferred securities\u003C\u002Fa>?\u003C\u002Fli>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F360439540\">How do I update cost basis information for transferred securities via Free of Payment of Global Securities?\u003C\u002Fa>\u003C\u002Fli>\u003Cli>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F360439573\">Do you send Cost basis information to the receiving institution for an outbound basic fop transfer?\u003C\u002Fa>\u003C\u002Fli>\u003C\u002Ful>",[1206,1212],{"id":541,"title":542,"feedback_context":1207},{"request_context":1208,"type":1209,"id":541,"faq_id":541,"timestamp":1210,"cir_id":1211},"faq-browser-public,faq-browser-1:JFaqHTTP5-f2fe1331-dd22-45e2-a19d-ec8e6f8a44b5","FAQ_NAVIGATION",1794515905445,"2702dfae-a584-4523-a324-6ca8cd11a424",{"id":549,"title":550,"feedback_context":1213},{"request_context":1208,"type":1209,"id":549,"faq_id":549,"timestamp":1210,"cir_id":1211},"\u003Cp>IBKR is required to provide the IRS with cost basis detail on \u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Flib\u002Fcstools\u002Ffaq\u002F#\u002Fcontent\u002F28227515\">covered securities\u003C\u002Fa> transactions for U.S. persons via the year-end Form 1099.  U.S. persons, therefore, may not change the cost basis on a transaction executed by IBKR and may only change the cost basis on positions transacted elsewhere and transferred to IBKR under the following circumstances:…\u003C\u002Fp>",[1216,1228,1235,1242],{"id":1217,"title":1218,"feedback_context":1219,"short_description":1222,"source":1223},"45150227","Why is the cost basis of transferred positions incorrect?",{"request_context":1208,"type":1220,"id":1217,"faq_id":1217,"timestamp":1221,"cir_id":1211},"FAQ_SIMILAR",1794515905467,"\u003Cp>\u003Cstrong>\u003Ca href=\"https:\u002F\u002Fwww.interactivebrokers.com\u002Fsso\u002Fresolver?action=NEW_TICKET\">CONTACT CLIENT SERVICES\u003C\u002Fa>\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>If the the delivering broker does not provide cost basis information when transferring positions to your IBKR account, IBKR will set the acquisition date to the date the transfer is posted and the cost basis will be set to the closing price on that same date…\u003C\u002Fp>",{"id":1224,"title":1225,"link":1226,"sourceType":1227},"faq","IBKR FAQs","https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=45150227","FAQ",{"id":1229,"title":1230,"feedback_context":1231,"short_description":1232,"source":1233},"23298965","How can I update cost basis information on IBKR Mobile?",{"request_context":1208,"type":1220,"id":1229,"faq_id":1229,"timestamp":1221,"cir_id":1211},"\u003Cp>It is \u003Cstrong>not\u003C\u002Fstrong> possible to update cost basis information on IBKR Mobile at this time. \u003C\u002Fp>\u003Cp>\u003Cstrong>Additional Information\u003C\u002Fstrong>…\u003C\u002Fp>",{"id":1224,"title":1225,"link":1234,"sourceType":1227},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=23298965",{"id":1236,"title":1237,"feedback_context":1238,"short_description":1239,"source":1240},"69652875","Can IBKR change the cost basis for non-covered stocks on my 8949 to match Form K-1?",{"request_context":1208,"type":1220,"id":1236,"faq_id":1236,"timestamp":1221,"cir_id":1211},"\u003Cp>IBKR cannot update the cost basis on the Worksheet for Form 8949 once the worksheet is generated…\u003C\u002Fp>",{"id":1224,"title":1225,"link":1241,"sourceType":1227},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=69652875",{"id":1243,"title":1244,"feedback_context":1245,"short_description":1246,"source":1247},"51679966","Is the cost basis information provided on my Form 1099 the same information I'm required to submit on my tax filing?",{"request_context":1208,"type":1220,"id":1243,"faq_id":1243,"timestamp":1221,"cir_id":1211},"\u003Cp>The information provided on the Form 1099 does not necessarily determine one’s tax obligation and clients may need to make additional adjustments to determine their actual tax liability. Examples of such adjustments may include the following:\u003C\u002Fp>\u003Cul>\u003Cli>IBKR does not report cost basis information for closing transactions involving non-covered securities which the client is obligated to report to the IRS;…\u003C\u002Fli>\u003C\u002Ful>",{"id":1224,"title":1225,"link":1248,"sourceType":1227},"https:\u002F\u002Fprod.ibkr-web.com\u002Fibconfluence\u002Fpages\u002Fviewpage.action?pageId=51679966",{"request_context":1208,"type":1250,"id":1202,"faq_id":1202,"timestamp":1210,"cir_id":1211},"FAQ_CONTENT"]